Bridgewealth Advisory Group LLC Increases Stock Holdings in Capital Group Short Duration Income ETF $CGSD

Bridgewealth Advisory Group LLC raised its holdings in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSDFree Report) by 18.5% during the 4th quarter, Holdings Channel reports. The fund owned 964,535 shares of the company’s stock after purchasing an additional 150,582 shares during the period. Capital Group Short Duration Income ETF makes up approximately 5.5% of Bridgewealth Advisory Group LLC’s portfolio, making the stock its 3rd largest holding. Bridgewealth Advisory Group LLC’s holdings in Capital Group Short Duration Income ETF were worth $25,088,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in CGSD. Flagship Harbor Advisors LLC acquired a new position in shares of Capital Group Short Duration Income ETF during the 4th quarter valued at $28,000. Central Pacific Bank Trust Division acquired a new position in shares of Capital Group Short Duration Income ETF during the 4th quarter valued at $36,000. MAI Capital Management acquired a new position in shares of Capital Group Short Duration Income ETF during the 3rd quarter valued at $40,000. IFP Advisors Inc increased its position in shares of Capital Group Short Duration Income ETF by 102.4% during the 3rd quarter. IFP Advisors Inc now owns 1,779 shares of the company’s stock valued at $46,000 after purchasing an additional 900 shares during the period. Finally, Bank of America Corp DE acquired a new position in shares of Capital Group Short Duration Income ETF during the 2nd quarter valued at $49,000.

Capital Group Short Duration Income ETF Trading Down 0.1%

Shares of CGSD stock opened at $25.81 on Wednesday. Capital Group Short Duration Income ETF has a 1 year low of $25.72 and a 1 year high of $26.15. The business’s fifty day moving average is $25.89 and its 200-day moving average is $25.99.

Capital Group Short Duration Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were given a dividend of $0.0856 per share. This is a boost from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.07. The ex-dividend date was Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 4.0%.

About Capital Group Short Duration Income ETF

(Free Report)

The Capital Group Short Duration Income ETF (CGSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that invests in a broad portfolio of investment grade bonds, debts, and money market instruments. The average portfolio duration is expected to be less than two years. CGSD was launched on Oct 25, 2022 and is managed by Capital Group.

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Want to see what other hedge funds are holding CGSD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Short Duration Income ETF (NYSEARCA:CGSDFree Report).

Institutional Ownership by Quarter for Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

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